Short-term notes of the Central Bank of Azerbaijan (CBA) series 50100338S at the total amount of AZN 10 million posted in the auction, which took place January 23, 2013.
The announced offer of 30 million manat were put up for sale notes for AZN 10 million, and the total demand for them from the six investors exceeded 25.22 mln at face value. Orders were presented in price range from 99.8800% (YTM 1.54%) to 99.8292% (2.20%).
Price cut for competitive bids in the CBA at 99.8486% (1.95%) and the weighted average price of 99.8636% (1.76%).
Repayment of notes held on 20 February 2013. At the previous auction of the Central Bank notes were sold at a price of 1.98% per annum. - 15D -
Economics
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